24 Hwy Peyton, CO 80831
This exceptional 65.88-acre property presents a significant investment opportunity at a major intersection exiting Colorado Springs before reaching Falcon, CO. Strategically located within Colorado Springs city limits, this land offers unparalleled versatility and substantial development potential. Previously zoned R/CR, the property holds the possibility of commercial development, subject to necessary approvals and zoning verifications. The expansive acreage allows for a wide range of uses, making it ideal for ambitious projects. Buyers are encouraged to conduct their own due diligence regarding zoning and development possibilities. The property's prime location at a key crossroads ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence. Please note that property lines depicted in available photographs are approximate and should not be considered a formal survey. A professional survey is recommended for accurate boundary determination. This is a rare opportunity to acquire a large parcel of land with significant upside in a rapidly growing area. Serious inquiries only. The asking price is $13,000,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.